could the economy do for president obama and cure him from his health care ills? the director the moody's and specializing in macro economics and economic indicator. let me start with are things as rosy as they look going into 2014? >> things are looking better. they might be labeling things as rosy. they have a long way to go before it is healed. the mix of jobs is not what we like to see. a lot of jobs are being created in the industries and that's going to change in 2014. the stronger growth are falling into place. >> those conditions are what? that impact is fading and the job market is healing. the one wild card for 2014 will be conphi dechblts that's the one thing that has been the missing piece of this recovery. it has been the lack of confidence among consumers and businesses. that will spent more freely. there is a lot of pent up demand. >> is this issue all traced to washington and the budget standoffs or other reasons for this lagging consumer confidence issue? >> at least recently a lot of the slump can be in washington and on sentiment for businesses